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@ogcapital
1/ Ethena just dropped OnRe, a platform with yards of potential TVL! Backed by Solana Ventures, Ethena, RockawayX, it brings reinsurance to blockchain, making it accessible to all. Let’s break it down! #DeFi #OnRe 2/ What’s reinsurance? It’s when insurance companies offload risks to reinsurers to protect against big losses (e.g., hurricanes, disasters). It’s a $750B market with up to 15% annual returns, but usually locked for big players. OnRe changes that. #RWA 3/ How OnRe works: It brings reinsurance to Solana blockchain. You deposit sUSDe (Ethena’s stable asset) into OnRe’s pool. No KYC? Use Orca/Kamino. You get $ONe tokens as your share. This capital backs real-world reinsurance portfolios (hurricanes, accidents, etc.).
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ogcapital pfp
ogcapital
@ogcapital
4/ Where’s the yield? Your sUSDe earns from: Insurance premiums (~12%) sUSDe base yield (~8.35%) $ONe token rewards (20%) = *40.35% total yield*! *Note: Reinsurance yield varies with market cycles & losses. sUSDe yield is variable. 5/ $ONe token: Early depositors (first $30M) get $ONe rewards, which could grow in value as the platform scales. Liquidity? Exit via redemption (quarterly) or anytime via liquidity pools. #CryptoInvesting 6/ Why it matters: In 2025, DeFi is hungry for real-world assets (RWA). OnRe taps into the $750B reinsurance market, making it accessible to crypto investors. This could be a game-changer. #DeFiTrends 7/ Risks? Reinsurance yields depend on events (e.g., no major catastrophes = better returns). $ONe volatility isn’t clear yet. Follow the project, watch for secondary liquidity, and weigh the apocalypse-insurance risks. Looks like a strong play! 8/ Stay tuned for updates! Subscribe, DYOR, and let’s see if OnRe delivers. What do you think? Drop your thoughts below!
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